3 ms·
Today's meme-driven financial markets in a nutshell: Is it growing? Meh. Is it profitable? Meh. Does it have a competitive moat? Meh. Is it robust against i
by cs702 5y ago
Today's meme-driven financial markets in a nutshell:
Is it growing? Meh.
Is it profitable? Meh.
Does it have a competitive moat? Meh.
Is it robust against inflation? Bo-oh-ring.
Is it newsworthy? Is it trending? Will others buy it? Buy! Buy! Buy!
...and then, of course, there are those who are taking advantage of this idiocy every day while it lasts.